The Klein Law Firm Notifies Investors of a Class Action Filed on
Behalf of Molina Healthcare, Inc. Shareholders and a Lead Plaintiff
Deadline of June 29, 2018 (MOH)

May 29, 2018 03:00 PM Eastern Daylight Time

NEW YORK--(BUSINESS WIRE)--The Klein Law Firm announces that a class action complaint has been
filed on behalf of shareholders of Molina Healthcare, Inc. (NYSE: MOH)
who purchased shares between October 31, 2014
and August 2, 2017. The action, which was
filed in the United States District Court for the Central District of
California, alleges that the Company violated federal securities laws.

In particular, the complaint alleges that throughout the Class Period,
defendants made materially false and/or misleading statements and/or
failed to disclose that (1) Molina's administrative infrastructure was
never designed to handle the size and complexity of its rapid growth
strategy; and (2) it failed to remediate systemic issues and costly
disruptions with critical administrative infrastructure functions,
including provider payment and utilization management.

On April 28, 2016, Molina reported an earnings miss for the first
quarter ended March 31, 2016 and reduced its full-year 2016 earnings
guidance. On August 2, 2017, Molina withdrew its 2017 earnings
projection, reported a net loss of $230 million for the second quarter
ended June 30, 2017, and revealed it would exit certain ACA Health
Exchange markets.

Shareholders have until June 29, 2018 to petition the court for
lead plaintiff status. Your ability to share in any recovery does not
require that you serve as lead plaintiff. You may choose to be an absent
class member.